If you have an account in a bank, then this news may be useful for you. Because from April 1, 2025, many rules related to banks are going to change across the country. These will also affect your savings account, credit card and ATM transactions. If you do not know about all this till now, then it is important for you to know because you may have to pay a charge for this negligence.
If you are thinking of withdrawing money from ATM, then as per the rules of Reserve Bank of India, banks have also reduced the limit of free withdrawal from ATM. Now the customer will be allowed to withdraw money from other banks' ATMs only three times a month for free. After this, you will have to pay a fee of 20 to 25 rupees on every transaction. This means that if you withdraw money from another bank's ATM more than three times a month, then you will have to pay a fee every time.
Currently, you have to pay a charge of Rs 17 for withdrawing cash, which will now be increased to Rs 19 from May 1. Apart from this, a charge of Rs 6 is also levied for non-financial transactions such as mini statement, balance check, which will be increased to Rs 7 per transaction.
To promote digital banking, banks are constantly adding many features for customers. Now customers will be able to get better services than before through online banking. For this, banks are also bringing chatbots powered by artificial intelligence, which will help customers. Along with this, safety features like two-factor authentication and biometric verification have been introduced to make digital transactions safe.
SBI, Punjab National Bank, Canara Bank and some other banks have changed many rules related to minimum balance. Now this balance depends on whether your account is in urban, semi-urban or rural area. You may also have to pay a penalty for maintaining a balance less than the prescribed amount.
PC:TV9Bharatvarsh
